Income Tax Department launches nationwide verification of suspicious foreign remittances

· economictimes.indiatimes.com

The Income Tax Department has launched a nationwide verification exercise into suspicious foreign remittances after identifying several entities that allegedly remitted large amounts of foreign exchange despite reporting little or no turnover, the Central Board of Direct Taxes (CBDT) said.

Live Events

as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!

(You can now subscribe to our

(You can now subscribe to...


Read on WOBR AI → · More AI market news · StrategyVerse · Quant Research · WOBR.AI